Passive Activity Loss Rules
If you are a real estate investor that doesn’t qualify for REPS status (discussed in #5 below), understanding the Passive Activity Loss rules is crucial. Passive activity losses are those ...
Hi all! I've been binging on BP podcasts and recently just made my first offer on an income property back in my home state of Michigan. Link to the BP analysis: https://www.biggerpockets.com/calculators/shared/7...Hig...
Here are a few definitions that you absolutely must know.
Bookmark this thread and use it as your cheat sheet for 2024.
Okay, let’s dive in:
Here are the terms that I’ll define in this thread:
-DEPRECIATION
-BO...
I have a building that I recently modeled. I’m trying to figure out what to do with the place. There are lots of options, potentially. it has seven offices that can be used as bedrooms if a person wanted to make it a...
Fannie Mae Homestyle Renovation Loan vs. FHA 203(k)
The FHA 203(k) is the most widely known renovation loan, but did you know about the Fannie Mae Homestyle Loan?
Here's how they break down:
Fannie Mae Homestyle
M...
Cost segregation utilizes the MACRS approach. The key is to identify personal property from real property. Tangible personal property identified in a cost segregation study is what allows you to accelerate depreciatio...
I am an agent and I have a client looking to purchase an existing RCFE. The issue is how do we finance it and write the offer since there is a real estate component and business for sale? I have read SBA 7a loans man...
Just a basic question here, but specifically when investing Sub2, are you looking at houses with a certain interest rate as a type of "inventory" so to speak. For example if you were looking to buy sub 2, homes bui...
Hey Everyone,
I live in NYC. I want to start investing in rental properties, but not in NYC. Im brand new to real estate and need help getting started.
I am wondering if you guys could help point me to some good r...
Looking for a recommended real estate attorney and accountant in Miami to get my business started. Any feedback would be great!